Is Getting an Investment Advisor License Worth It For Your Real Estate Funds…

When I say register, I literally mean having to obtain an investment advisory license with your state, but you basically have to pass an exam. Let’s call it a series 65. You pass a series 65 exam, register with your state and you become a registered investment advisor. Again, I don’t think the application piece and becoming one is that big a deal. Then you’re subject to all the compliances of your state and each state’s going to have different compliances, but I guarantee you there’s going to be financial compliance, whether they’re audited financials. Uh, there’s going to be reports that you’ve got to do. There’s background checks, all kinds of regulatory, you know, nonsense as I like to call it.